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Name | Symbol | Market | Type |
---|---|---|---|
BASF SE (QX) | USOTC:BASFY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.16 | 1.23% | 13.21 | 13.19 | 13.21 | 13.23 | 13.1704 | 13.18 | 68,397 | 15:04:34 |
By Giulia Petroni
BASF SE on Thursday said that it would further expand production capacity at its Verbund site in China along with state-controlled Sinopec Group.
The German chemicals company said it will expand several downstream chemical plants and build a new plant to support the local market. The plants are set to come on stream in 2023.
The site is operated by BASF-YPC Co., a 50-50 joint venture between BASF and Sinopec.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
August 05, 2021 04:37 ET (08:37 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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